This Is the Quickest-growing Retirement Scorching Spot within the U.S. — and No, It is Not in Florida

Over 4 million People will attain retirement age in 2024 alone, a record-breaking quantity for the nation and its retirement communities. And whereas many could select to spend their golden years beneath the nice and cozy Floridian solar, others could head southwest. In line with a brand new report by GoBankingRates.com, a suburb in Arizona is the fastest-growing retirement spot in America. 

Goodyear, a metropolis of about 98,000 west of Phoenix, has seen a whopping 61 p.c improve in residents 65 and over between 2017 and 2022. This introduced the town’s median age to 40, with 18 p.c of the final inhabitants being of retirement age.

So, what makes Goodyear a retirement hotspot? It is a secure metropolis with against the law charge 12.7 p.c decrease than the nationwide common and lots of housing choices for seniors with resort-like facilities. The median residence worth is $485,000, whereas the typical month-to-month hire is $1,713. Residents additionally get pleasure from entry to the scenic Estrella Mountain Regional Park, providing 20,000 acres value of wetland, desert, and mountain recreation, together with a golf course, fishing, miles of mountaineering, and horseback driving. Nonetheless, the price of residing in Goodyear is larger than the nationwide common, and it is likely one of the prime three cities in America with the very best profit earnings.

Second on GoBankingRates’s checklist of fastest-growing retirement locations is Sugar Land, Texas. Town is positioned simply 20 miles southwest of Houston and is residence to top-notch baseball amenities, wonderful eating, and museums, together with the Houston Museum of Pure Science at Sugar Land. In line with BankigRates.com, the town’s retirement age inhabitants elevated by 58 p.c between 2017 and 2022, bringing the median age to 42.5.

And the third spot goes to the lovely lakefront neighborhood of Clermont, Florida. Clermont is residence to the President’s Corridor of Fame and has usually been touted as among the best locations to retire within the Sunshine State, because of low crime charges, bicycle-friendly communities, entry to Orlando’s top-notch leisure, and wonderful healthcare amenities. 

And whereas Florida did not land the highest spot on the checklist, the web site notes that the state had essentially the most cities within the prime 50—12. The examine additionally discovered that 4 cities skilled inhabitants progress of over 50 p.c amongst retirement-aged adults, together with Goodyear, Sugar Land, Clermont, and El Dorado Hills in California.

You’ll be able to learn the complete checklist on gobankingrates.com.